Options Update

On Monday I wrote about a few options plays I liked:
1) INTC April 21 calls for $.60, now trading at $1.20, maybe time to take some if not all off the table here.
2) EBAY April $32.50 calls for $.71, now trading at $.79, stay tuned.
3) GA April $12.50 puts for $.35, now trading at $.20, not looking so good unless we see a big move lower tommorow.
4) XLF May $25 calls for $1.08, now trading at $1.40, I would continue to let these run. Bottom picking will likely continue after we get through earnings, especially if some of the big names can beat estimates. Tommorow we have Merrill Lynch (MER) reporting.